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$197,000

NAL Estimated Property Value

470 N Post Oak Lane 470, Houston, TX, 77024

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,680 Sq Ft
price_per_sqft$122.02 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Electric Cooktop, Electric Range, Refrigerator, Dishwasher, Washer/Dryer
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1968
Stories2

Land Information

APN1072730000022
Lot Number22
SubdivisionPost Oak Lane T/H Condo Ph 1
Land UseResidential
Legal DescriptionLT 22 BLDG F POST OAK LANE T/H CONDO PH 1 AMEND
Census Tract430101
Assessed Land Value$31,805
Assessed Improvement Value$135,590
Assessment Year2025

About this property

Updated 2-story condo in the heart of Memorial/Galleria with 2 bedrooms and 2.5 baths. The spacious living/dining area features crown molding, parquet floors, and tree-lined views. The kitchen offers granite counters, recessed lighting, double oven, upgraded soft-close cabinetry, and a stylish backsplash, with a breakfast bar peninsula that opens to the dining area and balcony. Upstairs, both bedrooms feature hardwood floors, large walk-in closets, dormer seating, new ceiling fans, and beautifully updated ensuite baths w/ granite vanities and modern backlit LED mirrors. Improvements include energy-efficient sound-blocking windows, 2021 Rheem HVAC, new lighting with dimmers, and updated bath plumbing. Additional highlights include in-kitchen laundry with washer/dryer, two covered parking spaces, community pools, and HOA that covers all utilities. Zoned to top-rated Spring Branch ISD schools, including Hunters Creek Elementary & Memorial High. Schedule a showing today!

Investor Tools

Property Icon
$197,000
Estimated Property Value
$148,247Estimated Mortgage Balance
$48,753Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,230 /month
Positive
Cash Flow Estimate:
$410 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$219/month
$992/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,638
$167,395
2025
$31,805
$135,590
$167,395
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,638
$167,395

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
John David Geigel Etal
Commercial
$175,000
No
First
Oct 18, 2018
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$148,247
$48,753
24%
75%
$1,050/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
$2,042/mo
$-132/mo
11.6%

City: Houston

470 N Post Oak Lane 470 | Property Details | No Agent List